EXPERT SOFTWARE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
September 30, December 31,
1998 1997
(unaudited)
ASSETS
Cash and equivalents $ 2,356 $ 5,685
Accounts receivable, net 4,132 4,636
Income taxes receivable 65 1,924
Inventories 2,458 2,922
Prepaid expenses 851 834
Deferred income taxes -- 1,616
Total current assets 9,862 17,617
Property and equipment, net 906 1,270
Deferred income taxes -- 3,311
Acquired intangibles, net 5 35
$10,773 $22,233
LIABILITIES AND
STOCKHOLDERS' EQUITY
Total current liabilities $ 7,043 $ 9,701
Noncurrent obligations -- --
Stockholders' equity 3,730 12,532
$10,773 $22,233
-0- cp/mi*
CONTACT: Expert Software, Inc., Coral Gables
Kenneth P. Currier, Chief Executive Officer |
